ARK is proud to announce our partnership with Ledger Hardware Wallet. ARK/Ledger integration has been in the works for a while now and we are very excited to finally release it.
ARK integration into the Ledger Hardware Wallet makes ARK the tenth cryptocurrency to be secured by this amazing piece of hardware. Ledger provides additional security measures and the ability for you to store your ARK safely, with peace of mind along with other major cryptocurrencies supported by Ledger.
ARK and Ledger are making two firsts with this addition
But there is more: ARK-desktop and upcoming ARK-mobile wallets will be compatible with Ledger wallet, and BIP32/BIP44 compliant. This means you will be able to generate HD wallets with extra security without having any single passphrase getting out of the Ledger device. This also means you can create an ARK address directly from your Ledger device. Once we have full compatibility with the Ledger Hardware wallets, we will also provide Ledger Hardware wallet support to our Desktop and Mobile wallets that will require the use of the Ledger to sign transactions if the ledger account is synced to the Ark wallets.
But there is even more: Any future ARK cloned network, ARK fork, or ARK test-net/dev-net will be compatible with the ledger in the near future. Making every ARK cloned chain Ledger compatible.
The scheduled release date is July 28th, 2017. ARK will be available on Ledger Nano S and Ledger Blue.
What is a Ledger?
Ledger is a cryptocurrency hardware wallet for storing cryptographic assets and securing digital payments like Bitcoin, ARK, and other altcoins. It connects to any computer (USB) and embeds a secure OLED display to double-check and confirm each transaction with a single tap on its side buttons.
With Ledger Nano S, secrets like private keys are never exposed: sensitive operations are isolated inside your hardware wallet within a state-of-the-art Secure Element, locked by a PIN code. Transactions can’t get tampered with, they are physically verified on the embedded screen with a simple press on a button.
You can send and receive payments, check your accounts and manage multiple addresses for each currency from the same device. Nano S also supports the FIDO® Universal Second Factor standard that simplifies the authentication process on compatible online services such as GMail, Dashlane, Dropbox or GitHub.
Your ledger accounts are backed up on a recovery sheet. Making restoration of lost/damaged devices easy with any Ledger device or compatible wallets (BIP39/BIP44).
- Ledger Nano S is based on a dual chip architecture (ST31/STM32, Certification level: CC EAL5+). The firmware integrity is guaranteed by cryptographic attestation.
- The Ledger Nano S ensures only you can access your accounts by requiring a 4–8 digit PIN code each time it is plugged to your computer.
- Initialization or restoration of your configuration is fully done on the secure environment of the Ledger Nano S. Your cryptographic secrets are never exposed to the outside world.
- Your private keys are never held or known by Ledger or a third party: they are hard locked in the Secure Element. With Ledger Nano S, your wallet remains decentralized, you are your own bank.
Limited Edition ARK Nano S
You will also have a chance to order a Special Limited Edition Ark branded Ledger Nano S — there will only be 1,000 of these devices ever made so make sure you order your piece of history when they become available.
Scheduled Release of ARK branded Ledger Nano beginning in early August 2017. Stay tuned to our social media (Twitter/Facebook/Reddit/BitcoinTalk) accounts to learn how you can own your very own ARK Ledger. Or join our announcement channel in our Slack.